NRG · 10-Q · 2026Q3 · Full report

Capital Expenditure Program

NRG ENERGY, INC. · 2026-11-09 · Importance 83 · Surprise 82 · No source text

Cash provided by operating activities was $2.045 billion for the nine months ended September 30, 2026, compared with $1.790 billion in 2025, an increase of $255 million. Cash used in investing activities rose to $8.191 billion from $1.340 billion, a $6.851 billion increase, primarily reflecting $6.503 billion more cash paid for acquisitions, mainly the LSP Portfolio, and a $332 million increase in capital expenditures. Cash provided by financing activities was $1.430 billion, compared with $540 million used in 2025, a $1.970 billion improvement. Financing changes included $2.349 billion more proceeds from long-term debt issuance and $1.016 billion more proceeds from credit facilities, partially offset by $1.295 billion higher long-term debt repayments.

Key facts

• NRG estimated full-year 2026 cash capital expenditures and investments of $2.245 billion. source
• NRG’s total cash capital expenditures for the nine months ended September 30, 2026 were $1.181 billion. source
• NRG's capital expenditures were $1.181 billion for the nine months ended September 30, 2026. source
• NRG reported property, plant and equipment, net of $14.605 billion as of September 30, 2026, compared with $3.632 billion as of December 31, 2025. source
• NRG's capital expenditures increased by $332 million in the nine months ended September 30, 2026, compared with the prior-year period. source
• Cedar Bayou 5 and Greens Bayou 6 were under construction. source

Impact estimates